317/16 Holdfast Promenade, Glenelg SA 5045

Located on the premium Esplanade strip this is low maintenance, apartment living at it's finest. With amazing coastal views from your own private balcony the apartment offers an envious lifestyle location or lucrative investment.

A great investment with a high return the property is currently rented with the Oaks Pier Hotel Group, where you receive a monthly income hassle free, and you can still use this wonderful apartment whenever you choose.

Apartment features:
- Open plan living area opening up to the private balcony
- Private, covered balcony with ocean views
- Gourmet kitchen complete with granite benchtops and quality appliances
- Large bedroom with built in robe and ensuite
- Bathroom complete with bath, shower and stone benchtops
- Reverse cycle air conditioning
- Secure undercover car park
- Secure complex with swipe card entry and intercom system
- Fantastic rental return - Approximate rental income is $25,423 paid monthly ($2,118).
- Neutral décor throughout

Building complex features:
- Full Concierge
- Large Pool
- Gym
- Multiple restaurant and bar areas

Stroll along the world class esplanade or enjoy the ambience of the cafes and restaurants all within meters of the apartment. Singles or couples will love both the stylish location and the low maintenance convenience of this modern apartment which is just minutes to the tram to the city.

Council / City of Holdfast Bay
Built / 2002
Council Rates / $244 PQ
Strata Rates / $1,251 PQ

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.